What does MOC mean in cryptocurrency trading?

3 answers

• Dec 16, 2021 · 3 years ago
  MOC stands for Market on Close and it is a type of order that allows traders to buy or sell a specific amount of a cryptocurrency at the closing price of the trading day. This type of order is commonly used by traders who want to execute a large trade at the end of the day without affecting the market price. By using MOC orders, traders can take advantage of the closing price and potentially minimize slippage. It's important to note that not all exchanges support MOC orders, so you should check with your exchange if you're interested in using this type of order.
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• Dec 16, 2021 · 3 years ago
  In cryptocurrency trading, MOC refers to Market on Close orders. These orders are placed by traders who want to buy or sell a specific cryptocurrency at the closing price of the trading day. MOC orders can be useful for traders who want to take advantage of the price movements that often occur at the end of the day. By placing an MOC order, traders can ensure that their trade is executed at the closing price, regardless of any price fluctuations that may occur during the day.
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• Dec 16, 2021 · 3 years ago
  MOC, which stands for Market on Close, is a type of order that allows traders to buy or sell a specific cryptocurrency at the closing price of the trading day. This type of order is commonly used by institutional investors and large traders who want to execute a significant trade at the end of the day. By using MOC orders, these traders can avoid the potential impact on the market price that their large trade could have if executed during regular trading hours. MOC orders are typically supported by major cryptocurrency exchanges and can be a useful tool for traders looking to execute trades at the end of the day.
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